Connecticut
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Connecticut Real Estate Values & Housing Market Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

Median Home Value:
$261,311

Number Of Homes And Apartments:
1,354,713

Connecticut Home Prices

Value Range
> $1,043,334 4.1
$782,565 - $1,043,334 2.8
$521,774 - $782,564 7.5
$417,366 - $521,773 7.4
$313,029 - $417,365 15.5
$208,776 - $313,028 26.3
$104,330 - $208,775 28.7
$52,135 - $104,329 4.8
$0 - $52,134 3.0

Connecticut Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q1 - 2018 Q2
0.67% 2.70%
2
Last 12 Months:
2017 Q2 - 2018 Q2
1.22% 1.22%
1
Last 2 Years:
2016 Q2 - 2018 Q2
2.81% 1.39%
1
Last 5 Years:
2013 Q2 - 2018 Q2
5.06% 0.99%
1
Last 10 Years:
2008 Q2 - 2018 Q2
-11.08% -1.17%
1
Since 2000:
2000 Q1 - 2018 Q2
53.50% 2.38%
2
* 10 is highest


Rent & Homeownership

Average Market Rent:
$1,468 / per month

Homeownership Rate

Homeownership
Owners 64.29
Renters 35.71
Vacant 9.31

Housing Details

Age of Homes

AGE OF Connecticut HOMES
2000 or Newer 8.1
1970 - 1999 33.8
1940 - 1969 35.7
1939 or Older 22.4

Types of Homes

TYPE OF Connecticut HOMES
Single-Family 59.1
Townhomes 5.4
Small Apt. Buildings 17.0
Apt. Complexes 17.8
Mobile Homes 0.8
Other 0.0

Home Size

SIZE OF Connecticut HOMES
No Bedroom 2.17
1 Bedroom 12.39
2 Bedrooms 27.12
3 Bedrooms 36.56
4 Bedrooms 17.16
5 or more bedrooms 4.59